$4,738 Closing Credit*
$399,000
2,262 SqFt
3 Beds
•2 Full Baths
Tanner Cribb, Listing Office: CENTURY 21 AMERISOUTH REALTY
Is Molino, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Molino was a Seller's Market.
Key Takeaway
Molino is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Molino, FL
How much do homes in Molino, FL cost?
Median Sold Price
$375,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$9,990(-2.6%)
Key Takeaway
Homes in Molino have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in Molino was $375,000 in November 2024, down 2.6% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $353K | N/A |
| 2 Bedrooms | $252K | $425K | +68.7% |
| 3 Bedrooms | $306K | $370K | +20.9% |
| 4 Bedrooms | $401.9K | $380K | -5.5% |
| 5+ Bedrooms | $452.5K | $540K | +19.3% |
Summary: Molino housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 68.7%, 3 bedroom homes increased by 20.9%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 19.3%.
Median Sold Price Compared To Nearby Cities
| Northwest Escambia | $314K | $367.5K | +17.0% |
| Pace | $327.2K | $333.9K | +2.1% |
| Cantonment | $313K | $317.1K | +1.3% |
| Molino | $384.9K | $375K | -2.6% |
Housing Supply in Molino, FL
How many homes are available in Molino, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Summary: The Molino real estate market had 15 homes for sale in November 2024, a 21.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 13 | 9 | -30.8% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Molino housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 30.8%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Molino, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Molino in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Molino, FL
How long does it take to sell a home in Molino, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 38 Days | +16.7% |
Summary: Homes in Molino had an average of 38 days on market in Nov 2024, up by 16.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Molino are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Molino; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.